How much does education contribute to economic growth
- 최초 등록일
- 2019.12.02
- 최종 저작일
- 2019.10
- 4페이지/ MS 워드
- 가격 3,000원
소개글
"How much does education contribute to economic growth"에 대한 내용입니다.
목차
1. How to best measure education
(1) How much does education investment and schooling contribute to economic growth? What kind of investment is needed though?
(2) Why is this question difficult to answer? Many different determinants
본문내용
It is an intuitive fact that education is one of the most important factors of economic growth. However, it is essential to realize what kind of correlation the two variables have, in order to fully understand the context of the influence of education on the economy. This paper will explore how and what investments on education can contribute to economic growth and some difficulties or doubts of such findings by mostly viewing the points raised by 《Education and Economic growth (2010)》.
The text explains that the function of measures of schooling is one of the factors when measuring GDP per capita. First, it can increase human capital, which will increase labour productivity, resulting in a higher equilibrium level of output. Second, education increases the innovative capacity, which can lead to technological development. Third, education can facilitate common cognitive skills of all members of the economy,......<중 략>
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